Simulations Current Deferred Revenue vs Capital Stock Analysis
SLP Stock | USD 31.77 0.05 0.16% |
Simulations Plus financial indicator trend analysis is much more than just breaking down Simulations Plus prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Simulations Plus is a good investment. Please check the relationship between Simulations Plus Current Deferred Revenue and its Capital Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simulations Plus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Simulations Stock, please use our How to Invest in Simulations Plus guide.
Current Deferred Revenue vs Capital Stock
Current Deferred Revenue vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Simulations Plus Current Deferred Revenue account and Capital Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Simulations Plus' Current Deferred Revenue and Capital Stock is 0.82. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Simulations Plus, assuming nothing else is changed. The correlation between historical values of Simulations Plus' Current Deferred Revenue and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Simulations Plus are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Current Deferred Revenue i.e., Simulations Plus' Current Deferred Revenue and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most indicators from Simulations Plus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Simulations Plus current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simulations Plus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Simulations Stock, please use our How to Invest in Simulations Plus guide.At this time, Simulations Plus' Selling General Administrative is relatively stable compared to the past year. As of 12/03/2024, Sales General And Administrative To Revenue is likely to grow to 0.37, while Discontinued Operations is likely to drop slightly above 172.7 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 43.1M | 47.9M | 43.2M | 45.3M | Total Revenue | 53.9M | 59.6M | 70.0M | 73.5M |
Simulations Plus fundamental ratios Correlations
Click cells to compare fundamentals
Simulations Plus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Simulations Plus fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 168.4M | 180.0M | 188.4M | 186.1M | 196.6M | 206.5M | |
Other Current Liab | 4.3M | 8.8M | 2.3M | 7.1M | 6.8M | 7.1M | |
Total Current Liabilities | 5.5M | 11.6M | 7.7M | 12.0M | 12.1M | 12.7M | |
Total Stockholder Equity | 156.0M | 165.8M | 178.2M | 170.0M | 182.4M | 191.6M | |
Property Plant And Equipment Net | 1.4M | 3.1M | 2.1M | 1.9M | 1.8M | 1.9M | |
Net Debt | (48.3M) | (35.7M) | (50.2M) | (56.3M) | (9.3M) | (8.8M) | |
Retained Earnings | 27.4M | 32.4M | 40.0M | 25.2M | 30.4M | 31.9M | |
Accounts Payable | 349.9K | 387K | 225K | 144K | 602K | 632.1K | |
Cash | 49.2M | 37.0M | 51.6M | 57.5M | 10.3M | 12.4M | |
Non Current Assets Total | 39.3M | 40.7M | 41.6M | 55.7M | 157.3M | 165.2M | |
Non Currrent Assets Other | 51.0K | 51K | (1.0M) | 425K | 542K | 569.1K | |
Cash And Short Term Investments | 116.0M | 123.6M | 128.2M | 115.5M | 20.3M | 23.7M | |
Net Receivables | 10.5M | 13.1M | 13.8M | 10.2M | 9.1M | 9.6M | |
Common Stock Shares Outstanding | 18.5M | 20.7M | 20.7M | 20.5M | 20.3M | 17.6M | |
Liabilities And Stockholders Equity | 168.4M | 180.0M | 188.4M | 186.1M | 196.6M | 206.5M | |
Non Current Liabilities Total | 6.9M | 2.6M | 2.4M | 4.1M | 2.1M | 2.1M | |
Inventory | 969.7K | 1.0M | 1.4M | 804K | 5.9M | 6.2M | |
Other Stockholder Equity | 128.5M | 133.4M | (308K) | (1.0) | (1.15) | (1.09) | |
Total Liab | 12.4M | 14.2M | 10.1M | 16.1M | 14.2M | 14.9M | |
Property Plant And Equipment Gross | 1.4M | 3.1M | 2.1M | 1.9M | 2.4M | 2.3M | |
Total Current Assets | 129.1M | 139.3M | 146.8M | 130.4M | 39.3M | 29.3M | |
Accumulated Other Comprehensive Income | 58.5K | (43K) | (308K) | (141K) | (251K) | (263.6K) | |
Common Stock Total Equity | 7.4K | 7.6K | 9.9K | 138.5M | 159.3M | 167.3M | |
Common Stock | 9.9K | 133.4M | 138.5M | 145.0M | 152.3M | 159.9M | |
Current Deferred Revenue | 440.5K | 651K | 2.9M | 3.1M | 2.0M | 2.1M | |
Other Assets | 19.0M | 51K | 439K | 11.0M | 12.6M | 13.3M | |
Property Plant Equipment | 341.1K | 437.8K | 3.1M | 2.1M | 2.4M | 2.5M | |
Other Liab | 2.7M | 6.4M | 1.7M | 1.5M | 1.7M | 3.0M | |
Other Current Assets | 1.6M | 2.7M | 4.8M | 4.7M | 10.0M | 10.4M | |
Intangible Assets | 25.0M | 24.6M | 26.2M | 32.8M | 58.8M | 61.8M | |
Net Tangible Assets | 14.0M | 118.1M | 128.3M | 139.1M | 160.0M | 168.0M | |
Retained Earnings Total Equity | 22.4M | 27.4M | 32.4M | 40.0M | 46.1M | 48.4M | |
Deferred Long Term Liab | 2.7M | 2.4M | 1.7M | 1.5M | 1.7M | 2.7M |
Pair Trading with Simulations Plus
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Simulations Plus position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Simulations Plus will appreciate offsetting losses from the drop in the long position's value.Moving against Simulations Stock
0.47 | EWTX | Edgewise Therapeutics | PairCorr |
0.45 | ELDN | Eledon Pharmaceuticals Downward Rally | PairCorr |
0.44 | BMY | Bristol Myers Squibb Aggressive Push | PairCorr |
0.42 | VRNA | Verona Pharma PLC | PairCorr |
0.41 | ETON | Eton Pharmaceuticals | PairCorr |
The ability to find closely correlated positions to Simulations Plus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Simulations Plus when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Simulations Plus - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Simulations Plus to buy it.
The correlation of Simulations Plus is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Simulations Plus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Simulations Plus moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Simulations Plus can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Simulations Stock Analysis
When running Simulations Plus' price analysis, check to measure Simulations Plus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Simulations Plus is operating at the current time. Most of Simulations Plus' value examination focuses on studying past and present price action to predict the probability of Simulations Plus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Simulations Plus' price. Additionally, you may evaluate how the addition of Simulations Plus to your portfolios can decrease your overall portfolio volatility.